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Note 9 - Subsequent Event
1 Months Ended
Jun. 30, 2024
Notes to Financial Statements  
Subsequent Events [Text Block]

9 - Subsequent Event


The Trust’s registration statement on Form S-1 relating to its continuous public offering of Shares was declared effective by the SEC on July 22, 2024 and the Shares were listed on NASDAQ on July 23, 2024.  For a twelve month period, starting July 23, 2024, the Sponsor will waive a portion of the Sponsor’s fee so that the Sponsor’s fee after the fee waiver will be equal to 0.12% of the net asset value of the Trust for the first $2.5 billion of the Trust’s assets.

 

Other than the items noted above there were no subsequent events requiring adjustment or additional disclosure in the financial statements.